BTMU Adds Two Executive Specialists to Singapore Operations

Bank of Tokyo-Mitsubishi (BTMU), a unit of Mitsubishi UFJ Financial Group, has bolstered its Asian corporate banking platform with a pair of executive Singapore appointments.

The first of the two hires at BTMU is Peter Heidinger, who joins the financial group from Standard Chartered, having served as its global head of financial institutions. He is slated to begin his new role as co-head of corporate banking for Asia and Oceania at BTMU as of June 1, 2015.

Prior to Standard Chartered, he also worked at Citigroup, where he was most the head of investment finance, Asia-Pacific (APAC) Asia-Pacific (APAC) The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or The Asia-Pacific (APAC) region is one of the fastest growing in terms of population. This region in particular is of great importance to the financial services industry, as it is seen as the largest growth market for clients.APAC is comprised of diverse currency markets that are shaped by various and, at times, competing forces, from global regulation to local capital controls.The region has been seen as one of the hardest to enter by FX brokers for this reason, as well as grappling cultural or Read this Term). Mr. Heidinger joined Citigroup in 1998 as a senior banker based in London.

Alternatively, BTMU has also brought in Frederic Cabay as its head of financial institutions in Asia and Oceania – the appointment is effective immediately. Both Mr. Heidinger and Mr. Cabay will be based out of Singapore, according to a Reuters statement.